WEGMANS-WB

0.005

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Listing Information & Profile

Profile for Securities of PLC

WEGMANS HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Issue of 124,999,999 free warrants in Wegmans Holdings Berhad ("Wegmans") ("Warrants B") on the basis of 1 Warrant B for every 4 existing Wegmans shares held at 5.00 p.m. on 16 October 2020
Listing Date 26 Oct 2020
Issue Date 20 Oct 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 124,999,999
Maturity Mandatory
Maturity Date 19 Oct 2023
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.2350
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks : 
Each Warrant B entitles the Warrant B holders to subscribe for 1 new Wegmans share at any time during the Exercise Period at the Exercise Price subject to adjustments in accordance with the provisions of the deed poll dated 2 October 2020 constituting the Warrants B. Any Warrants B not exercised during the Exercise Period will thereafter lapse and cease to be valid.

This announcement is dated 22 October 2020.

Announcement Info

Company Name WEGMANS HOLDINGS BERHAD
Stock Name WEGMANS-WB
Date Announced 22 Oct 2020
Category Listing Information and Profile
Reference Number LIP-22102020-00001


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